FT's Philip Stephens miscalculation

Last month, at a conference hosted by the Konrad Adenauer Foundation’s Washington office, one of those present recalled being taught by Henry Kissinger at Harvard. China had just tested the bomb and a fellow student suggested that the answer was a pre-emptive strike against its nuclear installations. And just how frequently should the US repeat the exercise? Mr Kissinger asked in response. Mr Bush might ask himself the same question.

FT.com / Columnists / Philip Stephens - Bush heads for a dreadful miscalculation over Iran

Philip Stephens thinks he is really smart with this article, drawing correlation of pre nuclear China to Iran.  What he does not realise, is that present day China would not be where it is, if the US decided to isolate the Chinese banking system, as it has with the Iranian banks.